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GROUP BUILDERS INC. groupbuilders.net
G roup Builders Inc. suffered a 40 grain of salt. “Being in the construction business for 44 years, we have gone through slow periods before and have learned to sharpen our skills, be more efficient and to streamline and crunch numbers,” he says, adding that 2022 was good, although business was slower. “Some of our projects in 2022 were pushed back due to rising costs or lack of confidence in the economy, but we were able to pull through — percent decrease in revenue in 2022 from 2021, but President Anacleto “Lito” Alcantara is taking it all with a
On success: “It takes years of experience — not just giving our best in building the projects — but keeping good business
2022 REVENUE: $40.7M
YEARS IN HAWAI‘I: 44
EMPLOYEES: 221
ity work, and never had any project unfinished.” The drywall, carpentry/cabinetry, plastering and acoustic contractor landed at No. 25 on this year’s list of Top 25 Contractors. relationships, no matter what obstacles and challenges we are faced with.” — Anacleto “Lito” Alcantara, president Anacleto “Lito”Alcantara
though short of our goals — and have risen to fast- tracked jobs. “[But] we completed all our projects, building qual-
Among Group Builder’s significant projects last year: The Central at Ala Moana, Azure Ala Moana and Kona Village Resorts on the Big Island. The company is also taking steps to help address Hawai‘i’s housing crisis. “The Central at Ala Moana [features] 60 percent affordable hous- ing,” Alcantara points out. “We also have the 902 Alder (Hale Kalele), which is a state project combining the housing authority’s affordable resi- dences, as well as for the state judicia- ry’s juvenile services center and shelter for probationary youth.” Alcantara says he’s looking forward to working on the Atherton Residential Life Innovation & Entrepreneurship Center in 2023. “[That] project would be a place where students can live while they learn. It is an opportunity to develop Hawai‘i’s future generation of busi- ness people.” As for his company’s future, Alcantara remains optimistic. “We have a line-up of big projects [and] we hope for the longevity of the company,” he says. “We have gone through past recessions, dealt with changes in the economy, fluctuating costs [and] manpower shortages … but we remain positive.” – Jackie M. Young
The Kokua Senior Living complex in down- town Honolulu, above, and Victoria Place at Ward Village, at right, are two projects Group Builders continues work on in 2023. PHOTOS COURTESY GROUP BUILDERS INC.
76 | BUILDING INDUSTRY HAWAII | JULY 2023
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